See what your fund actually adds

iShares Currency Hedged MSCI Japan ETF HEWJ

Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.

Fund and replication metrics

HEWJ compared with its replication portfolio
MeasureHEWJReplication
Annualized growth21.6%14.1%
Annualized volatility18.4%13.4%
Sharpe ratio1.151.06
Maximum drawdown16.3%19.0%
Replication fit (R²)0.62 · Tracking error 11.3%

Replication portfolio

The published portfolio below is the investable basket used to model HEWJ’s historical return behavior.

HEWJ replication basket weights
TickerBuilding blockWeight
DBEFIntl · Dev Hedged61.2%
MTUMFactor · Momentum20.5%
EFVIntl · Value10.7%
XLKSector · Technology7.6%